With yesterday's nearly 2% move up in the gold price, coupled with a .5% pullback on May 18, the yellow metal has been the primary driver for precious metal prices moving higher since last Thursday when the historic beatdown of the metals in the paper markets appeared to end.
And because gold has been rising much faster than its sister metal silver during this recent bounce back move, the gold to silver ratio has subsequently jumped to over 75:1, which is the highest difference between the metals since May of last year.
